Tampa Bay Times from St. Petersburg, Florida on June 8, 1935 · 15
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Tampa Bay Times from St. Petersburg, Florida · 15

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Saturday, June 8, 1935
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ST. PETERSBURG TIMES, SATURDAY, JUNE 8, 1935 Section Two fage Five STOCKS ALIBLE THROUGH DULL DAY OFJRADE Quotations Tilt Upward in Final Hour but Turnover for Session Is Low NEW YORK, June 7. (.-Storks pursued t (julfit iud uninspired amble during moat of today' session, and even an upward Mutter at the close NEW YORK STOCK MARKET KTOCK AVt.BAGLS (Compiled by The Associated I'lrul June 7. 30 15 IS 80 Inds. Rails Util. Stks Net Chg A.4 A 3 A 3 A 3 Friday 58 1 Previous Day .M on 1 11 Ago Year Ago 19,(5 High , 1935 Low ... 1934 HiKh , 1934 Low ... 57 7 58 0 536 :,9 49 5 81.4 45.3 22.2 30.7 21.9 30 4 21.3 28 8 34 2 32 9 27 6 30 7 18 5 216 43.0 40 6 22.8 24.2 42 3 42.0 41 5 43 6 42 6 34.8 ! 51.4 ! 34.9 Movement of recent years: 1032 Low 17.5 8 7 23 9 16 9 1929 High 116.9 153 9 184 3 157.7 1927 Low M S 95.8 61.8 61 8 NEW YORK, June 7.(.f) Following its a partial closing list of today a transactions on the New York stock exchange: Sales ' (Hds. I Hluh Low Last loUthe list wHb rly a. man? minus ft ;;;;;; ,g ft marka as pluses. Allhany 9 1 1 1 Many of the gains were chalked up ! ' .Chm ,Dye " ,1 J?L J!?, u,n. , ... ... : Alhs Ch Mfs .... 1 ' 19ti 1 9 ?' ID'. in me. aiviuenq payers ana tne pre- Am Ag Ch Del ., 2 42 42 42 ferred group, again evidencing the Am Can 16 127126 127 Am Car & Fdy Am Uomi Alro Am Kneaus Til Am & Kor Pow A in Loco 1 1 3 12 5 5 11 19 42 14 14 14 23 23 23' l 3 13' 21 18 a 13 1 4 14 21', IK 4 13". J 4 14 21 18::, 4 13-4 steady buying of yields which has been goin on for some time. The continued piling up of ' funds seeking Home type of employment was j Am M & Fdy".! emphasized In the latest bankipg fig- j Am Metal urea which showed member Institu- ; JJ p' & gf g lions' excess reserves for the latest we.-k at a new high peak In the system's history, around $2,425,000,000. Market forces put on their now hab itual one-eye-on-Washington act, while i NEW YORK. June 7 (.4) Sales, trying to keep the other on Wall street ' closing puce and net change of the 15 j ... .... most active stocks today: ana ine nusiness picture. ; Warner Bros 13.100 The late tilt, in the market left the Associated Press averaue of 6(3 stocks up .3 of a point at 42.3, but the sub- STOCKS IN THE SPOTLIGHT stantlal scattering of losses along with ; the gains, and the low turnover of 589,- ' 7S0 share robbed the day of much significance, most market authorities thought. .either markets did nothing to lend Spirit to stocks. Bonds turned In an ! 7 Socony-Vac Nail Biscuit ,. Shell Un Oil .. Evans Prod . , irnit Corp pf . t'nlt Corp Paramount ctf Chrysler 10.600 Cons Gas 10.100 Anaconda Cop .... 9,000 Remington Rand . 8.3) Gen Motors 7.800 Gen Elec Westing house El 4 13 V, i, 29 V. 10 19 i 37 1 3 8 i 24 14 8 30 7.700 2Si.ii 7.500 47 13.1O0 12.800 12,800 11,400 11.100 10.900 10.800 irregular performance. Leading commodities were rather ; Am Roll Mill soggy. Wheat ended down to 1 cents Am Smelt R Am St I JCftrn a bushel at Chicago ana cotton Am Sugar Ref lost early firmness to finish 60 to 70 Am Tel i. Tel cents bale lower as a committee of "do B '.'.'.!!!! orlvate business men recommended low- ! Am Wat Wks ering the loan figure on the new crop ' o io cms a pouno, comparer wun - Arm ill 10 18 17 18 31 42 41 42 6 15 14 15 2 58 58 68 55 128 126 lax 1 4 15 841. 86 13 the present 12 cents. Banking quarters noted do pr pf xd Ateh r & SF . the more , Atl Cst Line . Atl Refin Auburn Auto Aviat Corp .. Baldwin Loe Bait & Ohio , I Barnsdall , , . . Beechnut P hopeful outlook for the French situation on the accession of the new gov-ernment of Pierre Laval, and francs rose .02 cents at 6 62 cents, with a corresponding decline In the pound sterling, which dropped IT, cents at ! Bendix Aviat ,,, i Bth Stl . . . $ . Hiaw Knox . Dun & Bradstreefs weekly trade re- ! Borden view noted that good weather and ' g' price reductions In some lines had ; Burid Mfg lifted retail sales "to the highest levels j g1'"'1 In a number of weeks at some centers." American Telephone continued to climb with a 2-point advance at 125. while other lifts of a point or somewhat more included American Can at 127. Allied Chemical at 149, Owens Illinois Glass at 101. Johns-Manvllle, at 48. and L., 3. Smelting at 109. 10 4 9 6 13 2 20 1 11 4 61 41 22 LIVE STOCK JACKSONVILLE, June 7 () Hots; Receipts light. Market steady. Medium J7 2"i M 7 So. lights tSCy75. light lights Onus 25. heavy pins $4 00 ft 6.00: light pigs $4(X)'u00, sows snd roughs $3 00'; 2fi. heavteg $9.507 SO. Cattle: fteceipta hvy. Market steady. Steers, plain $3.2.Vrf3 75, com-fiM -n $2.'sru3.30. Heifpra, plain J3 v"i, rnrrtTinn S2.2' n 2 75, YsHines. '-4'ain $2.75 3.25. common 2 '' 2 7S, o.ws. fair t3 0n3 75. plain 12 502 75. common I2.y0'32 25, cannen 11,75 down. Veai calves, fair tl 254.75, plain $3 50'j4(). common J2 5'1'l3r1. B ills, fair $3 003125. common $2,003. 375. Fat Sheep Receipts 1'ch' Market Steady. U wethers $2.50''i 3.00. CHICAGO. June 7 -i.l') (U. S. D-pt. Agr) Hogii. 9,001). including 6.'" "t direct: weights below 2V'i lbs. MU-Hftv in 10 rnl4 un- (ithcr vpAk jaK.ng sows 10'.; 15 cents lower, 2o0 i r irestone 1 ft K Burr Ad Mach .. Bvrs Co Calif Pack ...... Can D G Ale .... C'anad Pac Case J I Caterpil Tract ... Celanese Cerro de Pssco .. Chi St N W Chi M St PtP of Chi Pneu T 7 Chrysier City S'rs Coca Cola .... Colgate Palm . Coium G & El Com! Credit xd Coml Invest . .. Com! Solv , . . Comwith It. Sou Con Gag Con Oil Container A ...... Con Can Cont Mot Con? Oil Del .... Corn I'rod Cuban Am 8ug .. Curtis Pub pf xd Curtiss Wright .. do A Deere & Co Del & Hud Del Lack it W .. Dom Mines Doucrlas Air DuPont Dem .... Eastman Kod .... El Auto L El Boat I El Pow ft Lt 19 2'i 10 R6 13 25 24 35 28 3 4 16 14 35 10 10 53 45 20 23 ZJ 44 23 3 5 1 6 , 105 44 1 . 3' 1 221 il JtJ'H 3 7 15 2 27 18 14 1 4 8 1 2 6 15 9 5 35 12 1 17 71 101 74 3 9 3 32 10 5 ' '4 45 5 19 1 24 ir' 77 1 20 71 7 84 WJ 12 42 11 3 81 41 21 24 J, 18 it 8 85 13 24 11 23 84? 27-; 3 4 16 11 35 9 10 2 44 22 43 2 k 1 121 15 7 45 5 19 1 23 8 77 1 19 71 84 86 13 12 r 0 1 61 41 22 25 IS 3 2 10 8 86 13 26 11 21 35 28 3 4 18 14 35 10 pi 52 44 22 44 Simmons 3 Simma Pet 4 Snider Pack 3 Socuny-Vai uum .. 131 Sou Cal Ed .... 22 Sou Par 31 Sou Ry 10 Sperry Corp .... 18 Spiegel May St .. 25 Std Brands 51 Std G ft El 3 Std Oil Cal 20 Std Oil Ind 15 Sid Oil N J 66 Stone ft Web .... 6 Studebaker 9 Texas Corp 19 Tex Gulf Sul .... 4 Tex Pac C O .. 7 Tex Pac L Tr ... 60 Tide-Wat As .... 20 Timk Roll B .... 5 Transamerica .... 6 Tri-Cnnt Corp ... 17 Un Carbide 33 Un Pac 8 Unit Air Lines vtc 5 Unit Alrcr Corp .. IS United Corp 109 Unit Drug 38 Unit Fruit 11 United Gas Imp 35 U a Indus Alco .. 2 U 3 Pipe 3 U 8 Real & Im .. 13 U S Rubber 9 U 8 Smelt R .... 11 U 8 Steel 67 do pf 1 Unit Store S .... 3 Vanadium 2 Walworth 2 Warner Pit t 131 Wess O & S 4 West Un Tel .... 34 Westin.'h Air .... 13 West El & M .... 75 Wilson ft Co .... 16 Woolworth 11 Wriglev. Jr 8 YellTrk AC..., 2 Youpgst 8h & T 1 finite Prod 64 Total sale today 589 7 14 17 13 17 16' 9 10 59 15 3 31 US 49 5 2 21 34 4 11 10 34 6 3 59 99 5 12 H 9 S7t4 14 41 18 4 12 109 32 85 4 13 2 4 33 30 22 47 5 59 81 1 2 15 3 ,780. 7 14 17 13 16 16-, 9 10 57 14 3 33 25 48 5 2 21 33 3 11 10 34 6 3 58 99 6 12 i 87 13 18 -'4 11 107 31 651, 4 12 1 4 33 29 22 46 3 51 80 2 15 2 7 14 17 13 117 16-, 9 10 59 14 3 33-, 25 49'., 5 2's 21 33 4 11 10 31 6 3 59 99 5 I'! 3 9 8.', 14 41 18 4 12 109 85''. 4 12 2 1 33 30 22 47'-. 5 59 81 2 ! 15 FEDERAL BONDS HALT IN RAPID SURGE UPWARD CorporateObligations Market Confined to Narrow Movement PRODUCE CHICAGO. June 7 () -Butter, 16.689. easy; special (93 score) 24' 25c; extras (92 24c; extra firsts (!Ki-91),234j23c; firsts (88-891 22'' 22c; seconds (86-87) 21c; standards (90 centralized carlotsi 24c. Eggs. 22,520, easy, prices unchanged. Butter futures storage standards Nov. 25c; fresh standards June 24c; fresh standard July 24c; egg future refrigerator tandard Oct. 25c. CHICAGO. June 7. (IP)-Poultry, live. 24 trucks, easy; hens 18c: Leghorn hens 16c; Rock fryers 20f?22c. colored 20c; Rock Springs 24 25c; colored 23c; Rock broilers 19a2tc, colored 19c; Leghorn 16'al6'7C. bareback 16tjl8c; roosters 14c: turkeys 1317c; old ducks 4 lb , up 15c, small 14c; young white duck 4 lbs., up 18c, mall 15c; geese 12c, CHICAGO, June 7. UP)-V. 8. Dept Agr J Potatoes. 81. on track 170, total U. 8. ahlpment 939; old stock firm, supplies light, demand and trading good, sacked per cwt. Wisconsin round whites U. S. No, 1. 65 "S 70c: V. 8. commercial 57't''t62e; Idaho russets U. S. supplies light, demand and trading good. Bliss triumphs. Arkansas U. S. No. 1. 12 3(1: Alabama. U. 8. No. 1, $2. 00215; Louisiana U. 8. No. 1, and partly graded car Invoice weight $2 00: BtJrbanks U. 8. No. 1 and partly graded Invoice weight $1.60; Mississippi bliss triumphs uT 8. No. 1, J2.10; North Carolina cobbler U. 8 No. 1, $1.75; bbl, U. 8. No. 1, $2 653 3 00. ft 3 :2i J6 45 65 19 1 24 8 S 77 V 20 71 8 4 1P4 104 104 7 2 2 2 29 13 42 21 97 142 4 i - , 8 24-; J 29 2 13 3 42 20 24'., 15 98 1 142 2i. 29 13 42 24 98 Hi to i.-iO lb. $9."9 to JlOtjii; 260 to 3V1 lbs. tf S.n9 0; 110 to 19l lbs. i'.i 1 5 .j M 90 ; pigs f nOO down; packing sows js 40 vv'i: lit-nt light, good and cm. i. e. Mil to 160 ins . $3 1.V-9 o'.; Itgm weight. ISO to Zt'l hs.. VJ 35 ii 10. 00. Cattle. 2.000: ralve. 600; steers slow, easy, only reliable outlet on light heifer and mixed yearlings and lower grade butcher heileis ami low priced cows, thes.i going to small killers; few loads steers JViiai 10.75; most of these looking w-alt to unevenly lower; bulls weak with iirartlcat top weighty sausage bulls & 25: veniei s steady. General market depressed hy very sluggish beef trade. Slaughter entile and veal-ers: Steers, good and choli .Veil to 9'0 lbs. .fn.7.'''f 12.25: fl'l to lino lbs. $10 25 'i 13 IK); Hihi to 13oi) t,s.. Jin x, l 13 50; 13iK( to l.si lbs.. $10 7.V. 13.50; heifers, good and choice ."Mi to IM lbs., l!).2.Vo 11 50. Sheep. Ip.OhO; opened fairly active on SiM'.na lamb and yearlings; hmk J'llly steady hut trade dull- sheep Jit-ti chanifed: yesrtinss S7.fi- n H IS ; native springers $10.00 down; shorn Calif. Springers 18 25. CITRUS MARKET First Nat Strs Fox Film A Freeport Tex .... On Asphalt .... Gen Bag G-n Klec Gen Food Gen G A El A .. Gen Mot Gen Refract ctf ,. Gillette Glidden Co Gold Dust Goodrich Goodyear TftR Graham Paige .. Grant W T Oi No Hy pf .... lioud Her B .... Howe Sound .... Hudson Mot .... Hupp Mot Ills Cent indnst Kay ini rius Mach .... lnt Cement Int Hiirxest lnt Nick Can .... lnt Tel & Tel ... Johns Manville .. Kelly Spg Keivtnalor Ki-nnecolt Kresge S3 9 20 19 20 4 S 6 5 12 3 3 3 3 13 13 13 7 51 50 SO 7 15 14 14 2 25 25 25 2 17 16 16 3 8 8 8 77 25 24 25 20 35 84 34 2 79 30 30 30 8 18 18 18 6 14 14 14 8 28 28 28 7 15 15 15 5 8 8 8 24 17 16 17 1 1H US 1 4 32 82 82 35 16 15 16 25 13 13 13 1, 7 49 48 49 3 7 7 7 3 1 1 1 8 11 11 11 3 25 25 25 NEW YORK, June 7. () Eggs. 17.375, Irregular. Mixed colors; special packs or selections from fresh receipts 262Sc; standards and commercial standards 26c; firsts 25c; dirties No. 1, 42 lbs. 24'5 24c; s'orage packed firsts 25c; other mixed colors unchanged. White eggs, msrked mediums 261jf 26',c; other whites unhanged; brown, western standards 26626c; other browns unchanged. NEW YORK, June 7 (,V) Live poultry nominal. All freight grades unquoted, Live poultry. By express: Chickens, fowls, roos'ers. and ducks unquoted; broilers 12'26c: turkey 12322c. Dressed poultry steady to easy. All fresh and frozen prices unchanged. NEW YORK. June (.IM Potato, 9,5c: dull and weaker. North Carolina cobbler bbls $2.12'92 75. Virginia cobblers bbl. 12.50. Maine 100 lb. sacks 603 89c: 180 lb, in bulk 90c'a $140. NEW YORK. June 7 (.Vl-Butter, 13,409; slightly easier. Creamery, higher than extra 25'd26c; extra (92 score) 25c: other grades unchanged. Cheese. 132,676. about steady. Prices unchanged. MONEY TAMPA. June 7 MM The dallv Kroger Groc today bv the Libbey O F Gl ,. eilrna iltnniurv releMaefl k'V'tida Citrus Exchange: ! iisg ft My B tin out ui rmi. - xi.uty luuni- i.uewa .. 236 41.331 ' Lorulard P . - . Mack Truck . . H2 16.4 . . 0 2.603 .. 1 6.227 182 49,333 1 171 171 171 4 28 28 28 3 '-a 28 8 46 12 17H 23 25 2D 39 28 8 48 1 13 18 23 25 28 39 28 8 48- 1 12 18 23 25 28'. ..iriiia oranges ,. Kl, !ia i.fHhfc" Florida grapefruit ,. Florida tanuerines .. Florida mixed Florida toiiils shipment i lnirso.iv included 75 i ars of oninnes And 74 of Kraiic fruit bv boat. General price average and marknt conditions: Hoaton - Valencnis, 1 car, Is 2.20. 2s 200, easier; grapefruit. 4 rars, Is 1.95. 2s 160. uncliiiiiced : California Valencia. 13 cars. 3.00. ChleaiiD -Valeneias. 2 ears, 2s 2.80. about iiiiehiinged ; mapi-i'i nil, 3 mrs, is 2.00, 2s 1.85. steady; California Valentin. 15 cars. 3 15. Cincinnati Vaicnclas. 2 cars, Is 2 35. 2s 1 ir., uiiriieime-i : m mien ult. 2 curs. 1s 2 60, 2s 1.95. unchanged: California ah ucins. 7 curs. 2 95. Cle eland ViileiiciBS, 2 cars. 2s 2.70. unchanged; grapefruit, 4 cars. Is 1.P5. 2s 1.45. lower; California Valencia. W cars. 2 SO. Detroit Grapefruit. 1- car Is 2 35. 2s 1.65. cniier; California Valeniins. 8 cars. 3.(81. New York Valencia. 27 cars. 1s 2 e.X 2s 2,41. Iiic.her: grapefruit. II cars. Is 2 i "2. 2s 1 4. sllghtlv higher: Californ a Valencia. 27 cars. 9.26. Philadelphia Valencia, " 7 cars, la 1.90. 2s 1,65. weak and declining: California VlllelK'liei, I) , i , :.il . Pittsburiili Valencins, 1 car. 1s 3,00. 2s 2 4,i. irregular; grapefruit, 1 cars, 2s 1.10. lower; California Valencia, cars, 2.85. St. l.oul California Valencins, :ar, 2,90, 5 112 111 112 21 29 42 6 10 30 25 8 8 12 15 24 it 9 46 111 4 3U-, 3 18 12 18 o WALL STREET BRIEFS NEW YORK. June 7 New state and municipal financing scheduled for next week totals .a ,' -y the revised figure of $17,260,811 for the past week, the Dany mm;, .jiiy.'r ic-ports. Pure Oil ,I"rtio do pf B Radio-Keilh-0 em Rand rto Mot Repub Stl Rev Ton R . . . . fafewiiv Str .. "It Jos Lend .... Srhenlev Distill the mini! chulte Ret .... "aboard Air ,, 1 1 1 Habonrd Gold arrivals at the port of New York Roeb .... Imlnv umniinfe,! I,, t9 Tr.'i noo l!.rvel ,,, France. ' " . ihell Union May sales of the J. C, Pn-'"v company were $1(1.979.741 ncalntd $17.08-1. 831 for May. 1M4. S. II, Kress ft companv. V way san s uiuoiinteri t,) j.i.ttai.ass com 1 e-ie-'i won tor f ,month lust year. Marine Midi Math Alkali ,. eirlnlyre Pore MrKess & Rob MrLellan Strs Mesta Mach .. Mid Cont Pet . Minn Mol Imp Mo K T pf ... Morit Ward ... Motor Wheel . Murray Corp . Nash Mot .... Nat Biscuit 128 29 Nat Cash R 4 14 ,at Dairy Pr .... HH Nat Dept Str ., S Nat Distill 9 Nat Pow A Lt .. 15 Natl Stl 2 N Y Central .... 29 N Y N H A H ... 1 Noranda Mine ., 10 No Am Aviat .... 11 .'iorth Am xd .... 62 Ohio Oil 19 (.Mis Kiev 7 Otis Stl 1 1'ac U Kl 19 22 Packard Mot .... 26 'arum Publix Ctf 108 Park Utah 7 'atino Mln 1 Penney J C 16 Penn RR 20 5 ' Peoples GLC ... 9 t neipa Ljoimc ... ia Phila R C ft I .. 6 -i-.i'in Morris .... 7 Phi'IiPS Pet ...... 33 Pitt Scr & B .... 2 Procter A Gam .. 9 Pub Svc N J .... 34 oilman 19 17 25 8 2 83 1 16 31 15 14 6 6 29 8 21 19 5 28 42 6 9 29 12 12 4" 41 NAVAL STORES JACKSONVILLE, June 7.(.4) Turpentine firm 46; nle 100; receipt 1,085; shipments 4; stock I1H.6M1, Hosln firm: sales 1,0511; receipts 2,102: shipment 911,351. quote: H. 3.40; D 30: V, 4 00' F 4 30; ( to If 4.40: I to M 4,45: N 4,85; WU &.15; WW X 8.20. 2i 7 128 3 3 4 13 70 21 31 16 2 48 21 6 IS 34 40 8 5 47 V 8 3 12 50 39 175, 25 2 H 31 3 9 10 8 25 8 8 12 28 14 15 9 46 IS 39 3 15'i 11 18 5 22 3 3 4 13 69 '4 21 son 16 2 4R 20 6 48 34 40 ft 5 46 2 7 3 12 49-v, 38 17 U 1 30 38 S 10 21 19 & V 9 30 12 4 6 2k 8 12 29 14 J! la', 16 i 39 , 3 18 12 18 5 22 3 3 4 13 70 "j 21 31"-16 2 ts, 21 6 If 48 34 2 SH 3l. 12 SO 39 17 24 1 301, 38 9 10 CALL MONEY NEW YORK, June 7 (.Pj Call money steadv; per cent all dav. Time loan steady: 60-90 davs, 'i offered: 4-6 months, offered. Prime commercial paper. per cent. Bankers' acceptance unchanged. Rediscount rate, New York Reserve bank. 1 per cent. FOREIGN EXCHANGE NEW YORK. June 7. ()-Foreign exchange Irregular. Great Britain in dollars, other In cents. Great Britain demand 4 92: cable 4.92; 60 dav bills 4.91: France de mand 8 62; cables 6 62; Italy de niand 8 29. cables 8 29. Demands: ReUium 17 02: Oermnnv 40 611: Holland 67.85: Norway 21.75: Sweden 25 41: Denmark 22 01: Finland 2.18: Switzerland ,.i2; Spain 13 72; Portuital 4 49: Greece ,94: Poland 18 96; Czechoslovakia 4 19: Yugoslavia 2 31: Austria 19.05n: Hungary 29, Wn: rumanta 1.02; Argentine 32 90n: Brazil 60n: Tokio 29.ijo Shanghai 40. h7; Honckone 58.00: Mexico Cltv 27 90; Montreal In New York 99.93H: New York In Montreal 100.06. n-Nomlnal. DOW JONES AVERAGES (Furnished by Thomson A MeKlnnon, Florida National Hank BuilUIng) Dow Jones hourly average of New Yrrrk stocks; 11 am Noon 1 Dm 2 nm 30 Industrial 113.57 113.46 113.55 113.57 20 rails 31.27 31.20 31.20 81.22 20 utilities .... 20.85 20.70 20.70 20.75 Dow Jones range of New York stocks: Onen Hish Low Close Gse 30 Indus 113 61 114.27 113 15 114.014- .47 20 rail . 31.33 31.46 31.13 31 33 .23 20 Utils . 20.88 21.13 20.68 20.98 .27 Hourly volume of New York Mocks: 11 am Noon 1 pm 2 pm Total 170.000 260,000 360,000 410.000 690.0O0 NEW YORK. Juna 7.-() A ud-den halt in the upward movement of United State government Issue threw the corporate bond market Into a cautionary zone today and fluctuations were restricted. Rails and industrials maintained a steady tone with modest advances the general rule, but utilities were backward and low-yield bonds marked time. Other than the cloae approach of the June 15 financing period, there waa little In the day' new to affect the government market. The 3 of 1946 worked 8-32nds higher on extremely small trading and one or two other treasury Issues closed l-32nd better but the majority ended unchanged to 4-32nd lower. Indirect obligation did nothing. Industrial bonds of various type re sponded with modest gain to a mall but persistent demand. Advance of a point or more were made by Donner Steel 7, McCrory 5, Gotham Silk Hosiery 6s, Pan-American 6s, Sharon Steel Hoop 5s and Richfield Oil 6. Container 6s and 'Penn Dixie 8s held about even. Railroad bond were not quite ure which way to turn and while the group aa a whole displayed teadines. there were a few oft pot. including obligations of the New Haven. St. Paul, "Katy" and Kana City Southern. Higher price were paid for Baltimore A Ohio 6. Erie 4. New York Central Conolldated 4s and Northern Pacific 6s. Chicago A Terre Haute 5s climbed another point to 62. A reaction In utility loan came aa no surprise In view of the rapid advance of representative Issue in thl group during the past two day. Laclede Gas 5 dipped a point to 66 Federal Light t Traction 5 were 1 point lower at 83 and amaller decline occurred In obligation of American Water Work, Columbia Gas, North American Edison and Tennessee Electric Power. Transfer aggregated $8,514,000, par value, compared with $11,031,000 on Thuraday. The Aaaoclated Pre average were .3 of a point higher to .4 of a point lower. COTTON NEW YORK, June 7 (V Early ralliea of 10 to 15 point in cotton to-dav on trade and commiasion houae buying were followed by reaction under liquidation and local aeliing in a small market. The undertone wa nervou owing to uncertainties over, various phase of the government cotton program and reports that a group of representative cotton and business executive advocated a 10 cent loan on cotton. ' October sold off from 11,38 to 11 19 and price generally showed net losses of 5 to 8 points during the middle of the afternoon. Open High Low Close July 11.62 11.70 11.42 11.45-46 Oct 11.33 11.38 11,10 11.13-14 Dec ....... 11.86 11.41 11.13 11.15-18 .Tan 11 40 11 40 11.17 11 .17-18 March .... 11 45 11.50 11,22 11.24-25 May 11.48 11.52 11 27 11.30- Spot steady: middling 11.80. TAMPA PR0"DUCE TAMPA. June 7 (.) The following change were reported todav on the local produce market to the state marketing bureau. Supplies of all fruit and vegetables moderate, demand moderate, market about steadv. .... Eggs: Extra large 25c: large 24c: mediums 22c: small 19c. Poultry Hens. Reds and Rocks. 4 lbs , 17c: fryers. 2 to 2 lbs,, 23c: Leghorns. 15c; roosters. 12c: broilers. 16c: young duck 14c; old duck 12c: young turkev 22c. Beans Florida, giant strlngless. per bushel, hamper, mostly 1.25: Florida Bountiful, per bushel hamper, mostly 75c; Florida llmas, per bushel hamper, mostly $1.25 31.75; Florida black Valentines, per -bushel hamper, mostly 60t 75c: Florida wax. per bushel hamper, mostly S1.O0, Beets Florida, per dozen bunches, mostly 50B75c. Cabbage Florida, lbs., green. lc. Carrots Florida, per dozen bunche. 70c. Collards Florida, per dozen bunche. good. 40c. Cucumber Florida, per bu. hamn. fancv $1. 35 'd 1.50: per bu. hamo. choice Sl-.onfil.50. Faanlant Florida, crate. $1.00. Mustard Florida, per dozen bunche. Peppers Florida, crate. $1.25. Potatoes Florida, sweet, Porto Rico, mostlv, per lb. 3c: Florida Irish Red Bliss No. 1. per bushel, mostly 80c. Sninach Florida, per bushel hamper. $1 50. Sauash Florida, per hamo.. mostly 75efiS1.00. Tomatoes Florida lugs $1.25: crate. $1.50. Cantaloupe Florida, crate. S2.50: California, crate. S4.75. Volume 30 Industrials Volume 20 rails Volume 20 utilities . . . 81.500 19 nm 62.300 WHAT STOCKS DID Frl. Thur. Advances 241 200 Declines 225 322 Uivf 'd .... 170 160 Total Issues 6:id 882 TREND OF STAPLE PRICES NEW YORK. June 7 Tho Associated Press wholesale price Index of 20 basic commodities todv declined to 70.75. The previous dav It was 71.07. a week ago 70 57. a month igo 73 14, and a year ago 62 03. Range of recent vesrs' 1935 1934 1933 Hich 75.48 72.55 64 10 Low 69.70 66 61 38.37 (The 1928 average equals 100. l MARKETS AT A GLANCE NEW YORK. June 7 ( Stock Steady; late selective buving aids list. Bonds Spotty: price change gmall. Curb Uneven: oil moderately lower. Foreign Exchanges Mixed; sterling off a French franc rallies Cotton Lowor: recommendation 10-cent loan on 1935 crop and continuation processing tax.- Sugar Quiet; commission house liquidation. Coffee Dull: trade selling. CHICAGO Wheat Lower; harvest operation Increasing. Corn Irregular: elevator lup-port July. Cattle Slow: easy; few loads steers Jg.J.'.'dlO 75. Hogs Weight 250 lbs. and under, steady to 10 cents up; others weak, top $10.00. CHICAGO GRAIN AND PROVISIONS CHICAGO. June 7 -(.Tl Open .1 High Low Close I 11 82 837! .84 .84 .82 .82 .86 Sl'.'rf .84 S6fl .86 .83 .85 S3 lie .83 .SSVU'ui .85 Close Yesterday t .83 t2K .84 (B! .84 84W .84 86 SOKfl. .$ni' 74i 74 63 It .63 35 33 34 . .13 SO ..18.47 ..18.40 .50 .81 .76 .63 .35-. .34 .48 VI .52 .79 .74 .63 .34 .32 .34 .47 .48 .51 -8017 .80 .74 U .74 .63 .35 32 '.34 .47 .48 .52 .43 .46 .8017. .80 .74 .75 .634 .63 .35 .;t''. fr .34 .33 ,48'4 .49 Tv .50 .52 .45 .46 13 50 13.50 13.40 13 45 13.47 13.32 13.50 13 47 13.32 17.02 L'.OO 13 42 13 45 13.85 17.02 17.00 FEAR HUNDREDS LOST IN FLOOD i y.y -"- ..:.... e-.A . . -. s .; ... -". .. . t .. u r-' ix ,;.U ' . ' . ,. . . ' 'it .'Hi ' " , i. 4 ' '" x-"-sM vu" " s t-'"- L in Red Croas officials fear about. 250 persons perished when the Republican river went on a rampage and flooded wide areas In southwestern Nebraska. The town of Cambridge, one of several In the path of the roaring- tide, & shown aa It appeared from an airplane as the water awept throug-h lt. The natural channel of the river, nearly dry during, laat year's drought. Is In the foreground. state produce marketprip.es Daily Shipments and Quotations as Recorded for Florida JACKSONVILLE, June 7. (JP) These quotation reported by the state marketing bureau represent sales in small Jobbing lota by dealers.,truck-er and farmers direct to retailers in Jacksonville, made the night prior to and morning of Friday, June 7. Supply of frulta and vegetables generally liberal, demand moderate, market generally weak. Bean, aouthern bushel hampers round strlngless fair to good very low .403.60: Kentucky Wonder .75 1.00; bountiful no Quote. Butter bean, outhern bushel hamper mostly 1.00S1.25. Lima beans, southern bushel hampers fairly good mostly 1.00'yl.33. Beet, southern per dozen bunches ordinary to good low .40?; .45. Cabbage, southern bulk per hundredweight ordinary to fairly good .755 1.16. Cantaloupe. Florida standard crate medium to large mostly 1.0031.35. Carrot, buthern per dozen bunches fair to bet mostly .35'3,.40. Celery. Florida crate 3 to 4 dozen fair to beat few 3.0093.28. Collard, outhern per dozen email to large motly .3S1T.45. Corn, Florida per dozen ordinary to good mostly ,08?.10. Cucumber. outhern buhel ordinary to fair low .35.60. Eggplant, Florida bushel hamper medium lze ordinary to fair .90 1.25. Grapefruit, Florida field boxes 48-72s ordinary to fairly good 1.001.50. Limes, Florida orange crate small to medium few 7.00f 8.00. Okra. Florida bushel hamper mall fancy very slow .8501.00; larger, coarser, very low .40. 75. Oranges, Florida bushel hamper ordinary to fairly good mostly .501T.75. Peache. Georgia Vt bushel basket early varietle according to ilze and quality mostly .503 .75. Pea, field, Florida bushel hamper blackeyea fair to good .359.45. Pepper, Florida bushel hamper fair to good mostly .75. 90. Potatoes, northern 100 lb No. la fair to beat mostly .90; southern Blis Triumphs No. 1 size ordinary to good glow mostly .75U.95. Spinach, southern bushel hampers summer type mostly .40J.50. Squash, Southern bushel hamper yellow crook ordinary to good .45fj .60. Sweet potatoes, no quotes. Tomatoes, Florida crates loose pack approximately 50 lb ordinary to fairly good slow .751.60. Turnips with tops, southern per dozen bunches ordinary to good .40 fl.45. Watermelons, Florida Tom Wataons 24-28 lbs. mostly .lOtf.14: Florida Stone Mountains or Dixie Belles 22-28 lbs. .12. 16. Kggs and Lite Poultry Eggs, Florida fresh whiles average net weight per dozen 24 oza. mostly .27; fresh whites 20 ozs. .24: shipped in 24 ozs. .233.25. Hen, colored 4 lbs and up .17$. 19; leghorns .le.H. Fryer, colored per lb .233.25; leghorns .2231.23. Broilers, colored 1-1 lb. size .22 i .24: leghorns .203.22. Roosters, per lb. ,09'J.U. NEW YORK BOND MARKET BOND AVERAGES (Compiled by The Associated Press) June 7. 20 10 10 Rails Indus. Ltil. M .3 t.4 93.7 94 1 93 8 85.7 94 1 84 5 88 9 68.2 64 6 102.9 Net change . Friday . Previous dav Month ago .. Year ago ... 1935 hiKh ... 1935 low .... 1931 high ... 1931 low .... 1932 low .... 1928 high ... Advance. 95 9 95.6 96 9 87.9 97 0 92 2 92 9 73.7 40.0 98.8 .. 79 7 ..79 8 ... 79 5 ,.. 88 3 .. 87 8 ,.. 76.4 ... 89.4 ... 74.5 ... 45.8 ...101.1 t Decline. Ten low-yield bonds: Friday 109 6: ' previous day 109 6; month ago 109,8; I year ago 106.9: 1935 high 110 3; 1935 low 107.9; 1934 high 108,3: 1934 low 99.1: 1928 high 104.4: 1932 low 86.8. NEW YORK. June 7. (.V) Following are today's high, low and closing prices on bonds on the New York Stock Exchange and the total sales of each bond ; U. S. GOVERNMENT BONDS (Dollars snd Thirty-Seconds) Pales (in tl.OOH) High Low Close Lib 3S 32-47 .. 11 100.2 100 2 100.2 do 4th 433-38 5 102.1 102.00 102.00 Treas 4s 47-52 42 116 20 116 18 11620 do 3s 43-45 .. 97 106 6 lo6.2 106.6 do 4s 44-54 ... 15 111,20 111.18 111 20 do 38 48-56 .. 7 110 4 110 3 110.3 do 3 ,8 43-17 .. 50 107.3 107.3 107.3 do 3s 41 .... 46 108 1 107.30 107.30 i do 3s 41-46 .. 2o3 106.00 105.30 105.30 ' do 38 46-49 , 52 104.25 104 21 104 25 ' do 3S 46-48 ... 32 103 20 103.17 103.20 i do 3s 51-55 .... 126 103.17 103.15 103.17 i Fd f'm Mtg3s49 127 I'll 29 1"' ?7 101 29 j do 38 64 .... 32 103.18 103.17 103.18 ! Home O L 3sA52 23 101.28 101.26 101.27 ao 2-48 39-49 .. 34 lo0.13 loo.ll luO.U 10 t or, 1 68.41 68 3 68 2 65.7 70.4 65.5 70.0 60.2 42 2 100.5 COKPOHATION BONDS Sales (In S1.00OI High Low Close WP EAT June July September December CORN July September December OA Julv September December RY1C .llv September December BARLEY Julv September LARD Julv September October ,, BELLIES Julv ., September PH1CAOO June 7 No. 8 mixed 91 (both latter two are 74 per cent hard); corn No, 2 mixed ma n v white- No. 1 ve ow Wn 1 vmi,i, "?;-, 67 u- Mr 9 hit4 oats No. 3 white 40ijirt'(.. No i - hits' 37i :" no rye; buckwheat No. 1. no aovbeans: barley feed 4Ktf?fl0 nominal: mating BiVuMil nominal: timothy seed per cwt, 9.75&11.60, cloveraeed per cwt, U.OOfl 15.75 -(.) Cash wheat No, 1 red 86; No. 1 mixed 91U: 1.90: RAW SUGAR NEW YORK, June 7 Raw sugar was unchanged today at 3 35. Confirmed sales at this level included 20.000 bag of Cuba and 18.200 bans of Porto Rlcan to a refiner for August ahlpment. Sales. 4 100 tons In the No. 3 contract and 250 ton iri the No. 1. The range folio: . , Hiifh Low Last Julv 2.35 2 35 2.3f.h September 2.41 2.40 2.40b December ......... 2.44 2.42 2.43b January 2.18b March 2.21 2.21 2.'M Mav 2 25b b Bid. Refined wa unchanged at 5.25 for fine granulated. COFFEE NEW YORK. June 7 (T)-Coffee future moved in a narrow range todav to end fairly steady on trade hedge, buying and selling against actual coffee. Santo opened 1 to 5 points lower and closed unchanged to 2 off. Sales. M.ooo. No. 7 opened and closed nomlnnllv unchanged. Sales, none. Closing quotations: July 7.75. September 7 82. December 7.89, March 7.94, Mav 7.9: No. 7. Julv 5. IS, September 5 27, December 5.3s. March 6.46, May 5 53. Spot col fee steady; Santos Is. H n 8'..; Rio 7. 8?i'7. Cost and freight offers Included Santos Bourbon 3 and 5 at 7.707.85. SILVER NEW YORK. June 7. (VP) Rar silver steady and unchanged at 72. Lhiht has been preserved by freezing It at 211 below. I Am TS-T 5s 65 AinWWAE 5s 44 , Arm 4s 39 ATatSF c 4s 48.. do 4s 95 ACL 1st Is 52 B&O rf 6s 93 .... do 1st 5s 48 do cvt 19 60 .. do 4s 48 I BellTPa os 48 B . j Belli- Stl rf 5s 42. Bos&Me 5s 67 ... ' Bkly Ed 5s 52 E. . I Kkly V Gas 5s 45 But RP 4s 57. . I Can Nat Rv 4s56 , Can Nor "s 40 ... Can Pac 4s 60.. do 4s pern Cen lit EG 5s 51 Ce n Pac 5s 60 . . 1 do 1st 4s 49 .... Certaintd 5a 48. Chesap Cro fis 47. Che Cri cv 5s 44. C0 gen 4n 92, CBAQ gen 4s 58.. Chic G W 4s 59.. C.YISP&Fac 5s 75. do ad I 6s 2OO0 . . Chi&NW c 449 CRli-P c 4 Kb 60., do rfg 4s 34 ChfiWInd 4s 52... Chile Cop 5s 47 .. Cinn G&E 4b 68.. CCC&StL 4s 77E ClcvUTrm 4V-s77C Colon Oil 6:i 83 ,. Col Indus Os 34. . . Coium G 5s D2May do 5h 1961 Colum UP 4'..s 57. Coml Inv T5s49. Con Ga.s NY i4stl5 do 4'tS 51 Crown Cork 6s 47 Cuba N Rv SKs 42 l).dHud rf 4S 43 D&HG 4 36 .... Det Kd 5s 52 do 4s 61 Dune L 4s 67 A Erie rf 5s 75 Erie gen In 4 98 Gen Cable 5s 47 Gen Stl Csto 1-8-19 Goodrich 6s 47 .. Goodvr T&H 5s 57 GrTkRvCau 6s 30. Gt Nor Rv 7s 3. Gt Nor 4U.s 77 E. Hudson CI 5s 62A. IW-M if 5 67 .... do ine 5s 57 .... Ill Bell Tel .'s 66 111 Cen 4s 66 ., 1C&CSLNO fis 63A III Steel 4n 40., Inland St 4'-'.s78A Int. Cement 5s 48 lnt llyd Kl 6s 44. lnt Paper 5s 47. . . lnt TK-T 4s 52.. do d.b 5a 55 ... K C PALt 4Ws 61 K. C Sou 5s fit) .. K C Term Is 60. . Kans GAcK 4'vs 80 Lac Gas fiUs 63., Laut Nit s 54 ... Loew's Inc 6a 41. I LAN -Is 4u .Maiihat Kv 43 ao. . MiK&Hob 5'.a 50 Mldv Stl 5 36.... MKR&L 5s 61 B. . MSl',vsSM c 4h 38 MKI'ex 1st 4s 9U. Mo Pac 5-s 49... do 5s 77 F do 5s 81 I Mont Pw rf 5s 43. Nat Dairy 5 a 48 Natl i4! eel 5 56... Ni il'hSv 5s o5 B. , NYC cvt 6 44 ... do rf 5s 2iU ... do con 4s 98 N YCiVll K 4'.sai!3. NYC&rftL 4i-s 78. NY Kd 6S 41 ... NYLk&W 4H 73 A NVNIIAH ; 6a 48 do 4U.s 67 NY P.v inc fis 65.. NY Tel 4s 39... NYW.vHoS 4s 46 NortA W 4s 06 ... Nor Am Co 5s 61 . . Nor Am Kd 5'sti3 Nor Pac tis 20)7.. do 4s 97 Nor St Pw Ss 41 . Or-W RR&N 4s61 Otis Steel lis 41... Pac T&T 5s 37... r.-irFl.as 6s 47 fid Par I'b 5-a 50 fid Pa Dix tls 41 A Pa pAiLt 4-s 81.. Pa UK Ken os 68.. do en 4'.s 65 .. do 4.,s H K ... do 4' -s 7o Phila Co 5s 67 . . . Phil Hd O I tls 49 Phil Pet 5;,s 39. . . Porl G K 4'-s 60. Postal TAC 5n 53. PubSet-EAG 4'(.sH7 Pure Oil 6Ks 37.. P.rndK 4's 97 A.. Rem R fiK 47,, StI.tMAS 4sIt-G33, 8II.8K 4U 7.8 ,., SAL con 6 45 ... Shell p t, rm 52 . . I Blue C Oil col, 42 113 112 113 12 98 98 98 12 103 103 103 11) 107 107 107 JO 1U9 109 109 6 96 96 96 10 74 73 74 8 107 107 107 25 18 47 48 11 102 101 101 3 117 117 117 4 106 106 106 8 67 67 67 5 108 108 108 1 118 11V 118 2 61 61 61 3 112 112 112 6 105 105 li)5ii 11 101 100 100 10- 88 87 87 23 93 92 93 13 79 79 79 15 101 Ml 101 12 73 73 73 7 1 06 104 105 8 106 106 106 2 117 117 117 12 107 107 107 19 21 20 20 13S 4 14 6 11 98 6 Hi 6 105 7 66 27 X7 2 62 2 25 2 88 10 88 1 107 4 111 12 3 14 6 11 98 93 13 4 14 5 H 98 94 104 104 66 66 86 87 4i2 62 25 25 KH 87 107 111 105 88 87 107 111 14 105 105 15 M6 106 106 4 li)a loo 105 23 50 49 60 7 77 76 76 12 26 26- 26 6 108 108 108 4 112 112 112 105 105 60 61 75 75 91 92 78 77 108 MS 104 104 105 105 95 95 82 36 80 27 .1 MR 108 108 8 49 48 49 8 61 61 61 4 107 107 M7 5 105 105 105 1 103 103 103 30 1)7 36 37 1 69 69 69 9 69 59 59 23 65 65 65 4 112 112 112 22 62 60 60 5 M7 li)7'-- 107 6 103 lil3r 103 6 M5i 58 61 8 75 10 92 5 77 26 MS 25 liil 2 105 44 95 42 82 -b 30 37 25 82 13 27 82 37 82 27 Skellv Oil 5 39 6 102 102 102 So Bell TAT 5 41 1 109 109 M9 Sou Pac 4 81... 64 69 69 69 do 4 89 38 69 69 69 Sou Ry con S 94. 23 82 81 81 do gen 4a 56 .... 14 39 39 39 8 W Bell Tel 5 54 3 M8 Kisu. Ms St Oil NY 4s5L. 20 103 103 M3 Ten El Pow 6.-47A 10 99 99 99 Tex Corp 5s cvt44 9 M3 M3 103 Tex&Pac. 5 79 C. . 18 87 87 87 Third Ave adffisSO 13 21 20 20 Un Pac 4 67 .. 8 105 104 105 do 1st 4s 47 30 111 111 111 Unit Drug 6s 53... 19 91 90 91K U S Rub 6s 47 ... 36 93 92 93 Utah PAL 5s 44... 7 87 87 87 Util PAL 4a 47 48 43 42 43 do 5 69 ww . ... 121 41 39 41 Vanadium 6 41.. 3 81 80 w Va Rv 6s 82 11 112 112 112 Warner Br 6s 39.. 85 66 65. 66 West Md 4 62 ... 30 94, 94 94 West Pac 1st 646 1 28 28 28 West Un 8 86.. 6 Ml Ml 101 do 6a 51 6 90 90 90 H do 4s 50 1 88 88 88 do 5 60 10 90 89 89 Wheel St 4 53. 2 98 98 98 WllsonACo 8 41.. 2 M8 108 MS Yngstn SAT 5s 78 24 93'j 93 93 Total bond sales todav. J8.514.000; previous dav. $11,031,000; week ago. $8,641,000: year go, $13,482,000: two year go, $15,184,000: Jan. 1 to date. $1,475,851,000; year ago, $1, 865.374. OuO: two yeara ago. $1,665,840,000. xln Ex-Interest, ct Certificates. U, S, HEADACHE IS AFTERMATH OF N. O. LOSS Trouble Lies Ahead, Writer Warns, if Old Standards Try to Return The Compass Reviewing The Movies 7 66 ' 66 2 9 9 19 Ml 104 8 107 107 13 56 66 14 97 97 7 28 102 jeo: 97 96 31" 16 67 47 17 4 !2 22 66 9 M4 M7'i 66 97 102j 96 31 67 4 22 22 105 10414 "THE DARING YOUNG MAX" Built obviously upon tha recent Welfare Island expose, "The Daring Young Man," playing Friday only at the Florida the ater, proved quite a lively and entertaining; enough picture for a warm summer day. It wouldn't, of course be a movie had the producers not ad- ded a touch or two verging on. the MAE farclal to the scandalously lax conditions in the prison there which were revealed when the story broke a few months back. James Dunn, of the infectious grin, plays tha daring; young; man who was, apparently a very daring young man Indeed, for as a reporter when the picture opens he Is covering everything from death and destruction to a fashionable church wedding, expounding at length the while on why a young man should keep himself free from the clutches of any woman with a matrimonial cast in her eye. Mae Clarke, a reporter on a rival sheet, changes all that, however, when James finds she hasn't the slightest inclination In his direction herself and he, in turn, changes her ideas on that point with the result that a date is made for the next morning at the chapel. The next morning and Mae arrive at the chapel but no Jimmy because his city editor, promising him a raise, has persuaded him to postpone the nuptials in favor of a trip to jail to get the' inside dope on how things are run. From there on all is rather on the hectic Hide fur James and everyone else. M. A. 67 4 22 22 12 105 Mi 12 lot M4 16 M5 MD M5 23 72 71 72 8 107 M6 107 42 63 63 63 4 1 82 82 82 10 57 57 57 29 51 54 54 2 112 112 112 1 !):l 99 99 31 38 :(7 37 9 34 3-1 34 9 11 It 11 18 111 111 111 41 20 20 20 1 116 116 116 5 !)8i-4 97 98 15 loo 100 MO 38 99 98 99 12 MS 104 M5 6 M6 Mfi 106 23 M4 1U3 M4 3 92 92 2 Ml! - pi'''- 11 89 89 5 90 90 5 87 87". 15 105 M5 12 113 113 18 M7 107 7 1 25 33 7 36 71 4 2 Ml 96 91 35 M3 67 29 106 U Ml Mil 13 102 5 63 17 9 24 6 2 lot ft MJ Ml 96 91 34 M-( 67 28 11 ill'. Hi'- log 89 90 87 MS 113 107 M4 96 91 35 M31-.I 67 29' t 106 Ml Ml 06 l'l'll-. 102 102 63 83 5 0 103 10!) HUts Ml SALVATION ARMY HAS BUSY MONTH IN MAY Statistical reports of the Salvation Army for the month ending May 26 show a busy 30 days for MaJ. George M. Lewis, head of the corps, his staff and volunteer workers. F.ighty-elght families were taken care of and 947 Interviews hold at the citadel office. Other phases of family relief work have been: Grocery orders, 147; garments distributed, 878; pairs of shoes given, 81. and homes visited, 131, Sixty-eight rersons applied for work through the employment bureau and 46 of them were glten positions. In the emergency home, 195 persons were Riven lodging and 660 meals were served. One hundred and twenty-seven persons were aided. Nine hundred and flfthy-seven persons attended the educational and recreational meetings. Sixteen educational classes were held and four meetings each for the girls' and boys- life saving organization. There were eight other classes, making 82 In all. Volunteer workers also did extensive work as members of the Leayue of Mercy. By AHTHCK DIXN MACON Ga., June 7. The new deal I dead. What 1 ahead? The future ha become a puzzle to a nation which had Just commenced to get It bearings. There are two routes before us the ex-N. R. A. and the antl-N. R. A. After the first outburst which included Mr. Hearst's "Thank God for the Supreme Court," the paeans of gratitude of some newspaper for the constitution, and the general rejoicing of business, the alternative to the N. R. A. loom menacingly ahead. ' Even Walter Llppman, who. Immediately after the decision described N. R. A. ; as a legal monstrosity and the supreme folly of the new dealers when possessed of a midsummer madness, cautions big business the next day that "they are left In a vulnerable position." He warns them that they must not "adopt labor policies or trade practloes which outrage the conscience of the nation." "That conscience Is more sensitive than it used to be," he writes. "It demand, thanks to the educational influence of N. R. A., considerably higher standards than were considered normal 10 years ago." Strange, if lt not, that an influence for high standards of business conduct should be called midsummer madness by a man of such caliber? Confidence Still Missing The feature of the new deal most condemned by big business was the X. R. A. The U. S. chamber of commerce at a recent meeting scored it emphatically. It might have been expected that the announcement of its demise would have been followed by a general return of confidence, and a rise in the stock' market where the securities of big business are bought and sold. The reverse happened confidence oozed and stocks declined. Large corporations and merchant everywhere hastened to assure the president and the public that they would continue to function a la ex-N. R. A. If that were possible, it would of course, be the way out of our difficulties. That route, however, can be followed only if there ia a public opinion so overwhelming that no on will dare start the downward spiral of longer hours, lower pay, and the greater unemployment which would result. Anti-N. R. A. is the route to chaos. Two thing indicate that lt ia the route we will follow the first Is the human characteristic of selfishness; Fhe second, an economic law. that of supply and demand. What is happening now at Macon, Ga., ia typical of what will happen all over the country. The Atlantic Cotton Co., in less than a week after the decision, increased its working hours from 40 to 60. The Happ Bros. Co, (an overall factory employing 400) informed its w-krs that lt will deduct $1 a week from their wages until the 10 per cent increaae, required by President Roosevelt over the company's protest, be repaid. Longer Honrs: Fewer Job Any concern adding 10 hours to the work week of its help without payment therefore can turn out the same volume of products at a 20 per cent saving, for lt will lay off one worker out of every five. Applying this to a plant with 500 emfloyes, and figuring $14 a week will be a saving of over $70,600 a year. Ignorant selfishness seize the Immediate advantage "and discharges 100. With a surplus of idle eager to take their places, the remaining 400 are likely to accept the inevitable and hold onto their 50-hour Jobs. The consequence longer hours, smaller wages, mounting unemployment. A 20 per cent Increase in the hours each must work would figure an addition of 4 millions to the 10 millions already Jobless. The supreme folly Is to believe we can beat the law of supply and demand. When one employer, by taking advantage of the over-supply of labor, can reduce his costs ty $70,000 a year, he tempts (practically forces) all competitors to do the same thing. It Is not hard to succumb to a $70,000 temptation. They forget that when all do it the advantage is lost; but the tragedy of increased unemployment remains. Unless a quickened public opinion enforces the conduct of business according to the standards established by the N. R. A. of yesterday, I tremble for tomorrow and the morning after. METALS NEW YORK. June 7 f-T Copper quiet; etertroivtlc spot and future, blue eagle. 9 0O; export. 7 M). Tin barely s'enlv: snot and nearbv. 50.56: future, 49 75." Iron quiet, unchanged. Lead steadv spot, Nw- York. 4 0ri,?4.I0; Past St. Louis. S 85 U IPS. Zinc dull: East St. Lotus, spot and future. 4.30. Aluminum, 13.00 u 22.00. Antimony, spot, 12.75. II.L.BEDFORD&CO STOCKS AND BONDS Orders Executed In AH Markets Money Loaned on Securities 301 FLORIDA BANK CLDG. WILSON TO TAKE STATE BAR EXAMS JUNE 17-18 The state hoard of luw examiners will conduct examinations! in Tallahassee June 17-18 for candidate seeking admission to the Florida bar. George Wilson, ft, Petersburg, Is among the candidates. WF, lUXOMMEND TAX EXEMPT BONDS YIELDS Z to S OONSI LT IS KOR SPECIFIC SUGGESTIONS Ed. C. Wright & Co. !SKW VORK. CHICAGO, .T. PETE IMione 5111 1st Ave, Si 3rd St. N. Ordnance experts art testing an automatic rifle for army ue. City and Count, BONDS FOR SALE McCutcheon-Milli r Corp. OpposiU City BIJ SJ Fvbrth St. loath tloa ml

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